TKC Ministries Inc

Analysis

TKC Ministries Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, TKC Ministries Inc reported income of $136k and spending of $127k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $136k (+8.1%), an average of +8.1% a year. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, TKC Ministries Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include New Life House of Faith Inc ($136k), Strategic Kingdom Building Ministries Inc ($136k) and Grace Rock Ministries ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $10k against liabilities of $1,426, net assets of $8,798.